University College Cork

Modules
Candidates take taught modules with examinations over two semesters and then complete a minor dissertation. The taught modules are as follows:

Fund Management and Evaluation: studies portfolio management, return and risk evaluation in stock selection, market timing and persistence.

Fixed Income Securities: examines the term structure of interest rates and yield curve analysis, exotic bond valuation, duration, convexity, immunisation, asset-backed securities and bond portfolio management.

Asset Pricing: examines models of asset returns, stock price predictability and market efficiency.

Securities Valuation and Selection: examines risk tolerance, asset allocation, stock valuation models and financial analysis of a firm.

International Finance: focuses on how economic policy and the behaviour of agents impact international capital flows, exchange rates and global investments.

Treasury Risk Management: looks at the measurement and management of risks facing banks and corporations arising from volatility in currency and money markets.

Financial Institutions and Money Markets: looks at the role of money markets and banks in the economy, focuses on understanding the types of risk facing banks and the management of this risk.

Derivative Securities: introduces the concepts and mathematical techniques in pricing derivatives including options, swaps, forwards and futures on underlying assets.

Macroeconomics for Financial Markets: looks at macroeconomics theories, models and techniques relevant to financial markets. Topics include business cycles, economic growth, uncertainty, monetary policy, inflation and the labour market.

Regulation and Compliance in Capital Markets: covers the guiding principles behind financial regulation and the main differences between the roles and key legal aspects of different regulatory institutions.

Applied Econometrics: includes regression analysis, OLS, hypothesis testing and specification.

Applied Time Series Analysis: includes ARIMA models, Box-Jenkins methodology, ARCH-GARCH models, VAR models, unit-root testing and cointegration.

Research Methods: includes a report writing/economic consulting element,
visiting speaker seminar series,
research methods training and
workshops on recent developments in financial research.

Further details on the content and modules are available on the Postgraduate College Calendar.

Modules
Further details on the modules listed above can be found in our book of modules. Any modules listed above are indicative of the current set of modules for this course but are subject to change from year to year.

University Calendar
You can find the full academic content for the current year of any given course in our University Calendar.